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Author Topic: Litecoin looking like sleeping gigant in this bull run season  (Read 727 times)
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November 11, 2023, 12:52:49 PM
 #61

In my experience whenever you see Litecoin pumping it means the top is in the crypto market. I noticed this a few years back.

I think the way it works is bitcoin tops and the money flows into alts like Litecoin, then Litecoin pumps and usually it tops and the whales get into stables or fiat and it’s the top of the cycle.

So you don’t want Litecoin Pumping right now.
Isn't what you described called the Altcoin season? When bitcoin finally hits the peak and everyone has finally taken their profit they go for altcoin to increase their profit by buying altcoins, isn't that how the altcoin season starts? I haven't been buying any altcoin in a long time, had my share of failures with bad altcoins that I just want to secure the long-term with bitcoin.

Sorry mate, I understand this feeling because every single of us have been there. This reminds me of the topic I talked about via this altcoin and how easily I get the ones that are favourably for me. I just hope this helps

https://bitcointalk.org/index.php?topic=5472568.msg63092909#msg63092909

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November 12, 2023, 10:57:01 AM
 #62

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

So true. LTC is extremely-undervalued compared to giants such as BTC and ETH. It's one of the oldest altcoins in existence with a proven track record of development and innovation. Developers went as far as adding "Mimblewimble" privacy technique to Litecoin. Not only the cryptocurrency is scarce like Bitcoin (only 84m units), but it's also faster and cheaper to use for day-to-day payments. A block time of 2.5 minutes makes this possible. This means LTC has greater transaction capacity than BTC.

Unfortunately, the majority are focused on other chains that are widely untested and extremely-centralized. Particularly coins with smart contract capabilities. BTC is the only coin without smart contracts that has the public's attention because it was the one that started the craze. Unless LTC comes with something that "blows investors' minds", don't expect it to gain traction anytime soon. At least, it's doing the job it's supposed to. As long as it remains decentralized and censorship-resistant, there should be nothing to worry about. Wink

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November 12, 2023, 12:05:48 PM
 #63

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.

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November 14, 2023, 02:40:58 AM
 #64

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.
If that pattern were to appear again then it is clear the tactic that investors must follow, which is to invest in bitcoin at first, and only once litecoin gives some signs that it was about to wake up and go up in value then investors could consider investing in litecoin at the time.

This strategy maximizes your profits as then you can use your bitcoin to buy more litecoin, which you can later use to get more fiat or bitcoin in return, depending on what you are looking for at the time.

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November 14, 2023, 05:39:47 AM
 #65

In my experience whenever you see Litecoin pumping it means the top is in the crypto market. I noticed this a few years back.

I think the way it works is bitcoin tops and the money flows into alts like Litecoin, then Litecoin pumps and usually it tops and the whales get into stables or fiat and it’s the top of the cycle.

So you don’t want Litecoin Pumping right now.
It's interesting to look at it from that perspective, which I never thought of. Yes, if that's it I wouldn't what its top to come up now. Let's enjoy the moment without it for now. I will join you to make my observation and see how it goes this bull season. For now, all I can say is that I'm indeed disappointed at its price. I also bought a few of it a few days to its halving but got the shock as price started declining immediately after halving till date it hasn't even crossed $90. I was thinking it would follow the path of Bitcoin that blossoms once its halving comes up.

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November 14, 2023, 10:33:39 AM
 #66

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins.
Last bull run, it's actually late. Honestly, it did not that much during that bull run and anticipating that it's going to be something this upcoming bull run, I think that we might see that it move a bit but not entirely like a bull run that we're expecting.

So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.
Well, they can choose other altcoins if they want to because with the movement that it has got seems to be not good at all for the past years.



 

 

 

 

 

 


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November 14, 2023, 02:16:02 PM
 #67

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.
This won't be the best option for impatient people otherwise, they will just sell them earlier.
And this is the reason why only a few people have the guts to invest in this project while the majority are into Bitcoin and some hyped projects because they think that LTC won't give a huge profit. I know that you know it but still you manage to keep it for the sake of not losing your money, that was really a huge support to the project. However, if we are practical investors, it is certain that we don't put money into a project that never gives us a satisfying return.

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November 14, 2023, 07:01:19 PM
 #68

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.
This won't be the best option for impatient people otherwise, they will just sell them earlier.
And this is the reason why only a few people have the guts to invest in this project while the majority are into Bitcoin and some hyped projects because they think that LTC won't give a huge profit. I know that you know it but still you manage to keep it for the sake of not losing your money, that was really a huge support to the project. However, if we are practical investors, it is certain that we don't put money into a project that never gives us a satisfying return.
Yeah true, people who are a bit late usually end up not tending to wait and LTC goes up later than most. The reality is that, last time LTC got out of top 20 as well, I think I saw it bottom at 24th place, looking at it right now, it is 18th, and I have seen it go up as high as 11th as well. So as you can see, you need to be ready, during the bear run it is definitely one of the stronger ones and during one of the other bull runs the coins and tokens overcome it.

So you need to be careful, invest into whatever you want while you are waiting for bull run, and after the bull run starts and you make a profit, use that profit to buy LTC and you should be doing better, that is definitely a better way to make a profit.

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November 15, 2023, 11:37:07 AM
 #69

valued at 197k satoshis, litecoin is breaking its all time-low versus bitcoin... imo this thing is dead and ready to find new, never seen lows.

Who said crypto was all about the price? It has always been about utility since day one. It's just that "Wall Street" entered the scene, and shifted away people's perception about crypto. Now almost everybody wants to get into crypto to make a quick buck. Not because they believe in the technology. Litecoin's blockchain is still alive and running, despite market prices taking a plunge. As long as it remains useful (especially with the low fees and fast confirmation times), nothing else matters.

The reason why LTC isn't "pumping" it's because investors are more inclined to coins with shiny-new features. Especially those with smart contract capabilities. I've said this many times already. You can see why ETH, BNB, and even Solana are "pumping" like crazy. The only exception (as being a single-purpose blockchain) is Bitcoin because it's the one cryptocurrency that started this craze. Just keep buying and "hodling" LTC over time. Maybe you'll get lucky someday? Grin

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November 16, 2023, 08:14:34 AM
 #70

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.
Investing in cryptocurrencies requires patience, be it Bitcoin or AltCoin.Currently, the price of Bitcoin is increasing as the price of other coins is gradually increasing.
It can be understood by looking at the market that the light coin is currently pumping quite a lot.
Today when I was looking at all the coin prices I found that a litecoin went for like $73.The price of this coin was much lower even a month ago.I think this litecoin is the best to invest.

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November 16, 2023, 08:47:50 AM
 #71

If Litecoin (LTC) is under $100 and people are saying its price could triple, then it might be worth buying. If you believe its value will rise, buying LTC could be an interesting investment. Well, how the cards fall, as always, you analyze one thing and another comes out...
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November 16, 2023, 10:48:50 AM
 #72

There is no doubt that LTC could double or triple in value in the next two years, but that's a relatively modest profit compared to many other altcoins. Surely, many people are realizing this. However, the current price of LTC, in my opinion, carries more risk than the opportunity for substantial profit.
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November 20, 2023, 03:09:01 AM
 #73

There is no doubt that LTC could double or triple in value in the next two years, but that's a relatively modest profit compared to many other altcoins. Surely, many people are realizing this. However, the current price of LTC, in my opinion, carries more risk than the opportunity for substantial profit.
While 100% or even 200% in profits may seem like a good deal, we must not forget that litecoin is down 80% from its all time high, so anyone that invested at that level or at least close to it needs for litecoin to grow 350% or even 400% just to breakeven.

So it is natural there are many people that at this moment are doubtful about the potential litecoin may have of doing such thing, and speculate that litecoin holders may face a scenario similar than the one ripple holders had to face during the last 5 years.

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November 20, 2023, 03:39:35 AM
 #74

There is a great opportunity ahead of those that will take their time to invest in LTC now, because the price is still low for both long term investors and short term investors to invest and hold for the price to increase higher. Many altcoins has started displaying some signs that gave many investors to look into the market very well to bring out some potential altcoins that will help investors to make a good income before the end of this year, and LTC was among the potential altcoins. If you look at the market very well, you will know that the price of LTC will not reduce more than this before it will increase higher to help investors to achieve a good income.

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November 21, 2023, 04:52:44 PM
 #75

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.
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November 21, 2023, 05:55:24 PM
 #76

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season
The movement of litecoin in price is very slow, but the aspect of investing in a litecoin, I think whosoever that is investing in a litecoin should venture into long-term investment not short term because litecoin doesn't speed up like bnb and ethereum in terms of increment, I have know litecoin before I could know bnb but the project of bnb is growing more faster and more good than the technologies of litecoin, so it will be encouraging for people who want to invest in litecoin to make it longterm kind of investment and I believe when the increment of litecoin will manifest it will astonished many people.

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November 21, 2023, 11:57:00 PM
 #77

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.
We all waits patiently for the bull market to come, that's how to earn from the system. But if one uses his or her head properly and calculatively, they can also be earning massively from the bear season. Litecoin has potentials of pumping to the moon, we just have to exercised patience and accumulate small profits from the little pumpings it makes, might turn out to be one of these abandoned projects in the market, just as Dogecoin that got abandoned by its project team. However these altcoins do triggered bullish candles when the bull candles do comes but no all of them.

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November 22, 2023, 12:04:29 AM
 #78

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.
I honestly doubt with lite coin its ancient coin with no real use case, even bitcoin thats supposed to be the first coin ever always have innovation surrounding it, even more so with the presence of BRC20 but this litecoin is just a litecoin, no difference from few years ago I doubt anyone would be care enough to pump this coin even more so for those whales.

XRP in this case, rarely enough, is better prospective than LTC, because simply put XRP willing to cooperate with big corporation even banks for the sake of growing their market capitalization but LTC will just stagnating not having any innovation for the next few years.
I don't take lite coin investment seriously to be honest, i just think that there are better altcoin you can invest out there.

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November 22, 2023, 02:36:32 PM
 #79

While 100% or even 200% in profits may seem like a good deal, we must not forget that litecoin is down 80% from its all time high, so anyone that invested at that level or at least close to it needs for litecoin to grow 350% or even 400% just to breakeven.

So it is natural there are many people that at this moment are doubtful about the potential litecoin may have of doing such thing, and speculate that litecoin holders may face a scenario similar than the one ripple holders had to face during the last 5 years.

LTC is having a hard time reaching a new ATH. I think it has to do with the fact that investors are interested on coins with smart contract capabilities. Just wait until we get a Litecoin spot ETF, and market prices will never be this cheap ever again. It will trigger a massive "pump" that will lead LTC all the way to "Mars". I think mainstream investment companies will do this, especially when Litecoin is one of the oldest and most trusted cryptocurrencies on the market.

The cryptocurrency has a deflationary mechanism like Bitcoin with a limited supply of 84m units. What changes is the PoW algorithm and block time. This allows LTC to process more TPS than BTC itself (which means lower fees and faster confirmation times). In times where BTC becomes overloaded with too many Ordinals "junk", LTC proves to be a cheaper alternative for day-to-day payments. Not to mention, you can enjoy on-chain privacy with Mimblewimble. I'd say the cryptocurrency is extremely undervalued. Maybe one day it will gather the attention of the masses? Cheesy

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November 22, 2023, 03:09:07 PM
 #80

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season
As you said about LTC, if the current market price is below 100$, if we buy it, we can sell it above 300$ in the future. Depending on your words, many people may buy LTC. But I personally prefer to trade in Bitcoin than buy LTC. I have never bought a litsi myself so I can't say anything about it. Heard a lot about LTC but I have never bought LTC. I always prefer trading Bitcoin over LTC. And I will advise others that Bitcoin is much better than LTC.

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